Minnesota Session Laws - 1987, Regular Session

  

                         Laws of Minnesota 1987 

                         CHAPTER 18-H.F.No. 364 
           An act relating to cemeteries; increasing the limit on 
          the permanent care and improvement fund; amending 
          Minnesota Statutes 1986, section 306.41.  
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1986, section 306.41, is 
amended to read: 
    306.41 [PERMANENT CARE AND IMPROVEMENT FUND, ESTABLISHMENT; 
PROCEDURE; WHERE DEPOSITED OR INVESTED.] 
    The board of supervisors of any town, or the governing body 
of any incorporated city or statutory city, or the board of 
trustees, or the directors, not less than three in number, of 
any religious incorporation or of any association formed under 
the provisions of law for the purpose of maintaining a cemetery 
in the state of Minnesota, which shall have established and 
shall be maintaining a cemetery of not less than one-half an 
acre in area, a plat of which is on file in the office of the 
county recorder of the county in which such cemetery is located, 
by a unanimous vote of such supervisors, members of governing 
body, trustees, or directors, which vote may be taken at any 
regular meeting of such board or governing body, or at a special 
meeting called for the purpose, may provide, in accordance with 
the provisions of sections 306.41 to 306.54 for the 
establishment of a permanent fund to be deposited or invested as 
provided in section 306.44, the income whereof shall be devoted 
to the care, maintenance, and improvement of such cemetery, 
which shall be known as the permanent care and improvement fund 
of the cemetery of such municipality or incorporation.  It is 
herein provided that the establishment of any such permanent 
care and improvement fund shall not be deemed invalid as 
violating any existing law against perpetuities or suspending 
the power of alienation; provided, that such fund shall never, 
in any case, be allowed to exceed $15,000 $25,000 per acre of 
the cemetery to be cared for. 
    Approved April 7, 1987